Natural rubber prices ruled high in local market here despite continuous decrease in global markets. Price of RSS 4 grade is Rs 54.50 - 55 and that of ISNR-20 is Rs 52-53 per kg here. 


Rubber prices rise in local market, buck global trend

Business Standard

Trading in the local base metals market was subdued following the correction in the international metals market on the London Metal Exchange (LME). 


Zinc resists slump

Global investment demand for gold in 2004 fell 67 per cent compared to the previous year, with the yellow metal seeing great price volatility during the past year. 


Gold demand down 67% in `04

India is expected to import an additional million tonne of raw sugar to meet growing domestic demand, the Union minister for agriculture, Sharad Pawar, said at the 74th International Association of

Sugar import volume set to rise

The Indian vegetable oils sector is opposing the excise duty concessions extended to new units being established in some areas like solvent extraction units being set up in Gujarat's Kutch. 


Solvent trade against tax breaks

Indian leather exports would be hit the reduction of DBK rates on footwear items, Rafeeque Ahmed of the Council of Leather Exports said. 


Leather duty cut could hit exports

India's gem and jewellery exports have registered growth of 37.88 per cent during the calendar year 2004, according to figures released by the gem and jewellery export promotion council (GJEPC). 


Gem jewellery exports up 37 per cent at $14bn

Bokaro Steel Plant (BSP) has produced more hot rolled coils (HRC) and cold rolled (CR) steel in this fiscal. 


Bokaro Steel to expand

Bhilai Steel Plant (BSP) in association with the Indian Navy and Defence Metallurgical Research Laboratory has embarked on development of steel plates for naval warship applications.


Bhilai to make battleship plates

Oilseed crops have been planted on more area in the current rabi than that in past two seasons. 


Oilseeds sowing area up at 9.8mn.ha.

Delivery problems in cardamom futures market has led to a 20-30 per cent price differential between futures and spot prices of the spice and this has given rise to arbitraging opportunities.


Delivery glitches push up cardamom prices

Information technology is the key to better logistics management.


Logistics pundits push for IT use

Trading in the local base metals market remained lacklustre ignoring movements on the London Metal Exchange (LME). 


Dull market

Major Gujarat-based manufacturers of dyes, pharmaceuticals, chemicals and pesticides have chosen to stay away from the request of the Union ministry of chemicals and fertilisers to get listed under

Chemical units fight shy of weapons pact order

Rajesh Exports, the Rs 3000 crore gold jewellery exporter, will soon take up jewellery retailing through 100 owned stores under its brand name in the four southern states of India. 


Rajesh Exports plans to set up 100 stores

Diamonds maybe growing more expensive, but that doesn't seem to be hurting sales in the branded diamond jewellery sector in India. 


Buyers cash in on lower price points

Gold prices on Friday tumbled by Rs 225 to Rs 30,820 per 10 gm here on heavy selling by stockists triggered by a weak global trend. Silver followed suit and dropped by Rs 230 to Rs 58,750 a kg on reduced offtake by industrial units and coin makers.

Gold tumbles Rs 225 on stockists selling

Press Trust of India

The decision of government to hike customs duty on gold amid the continued call by the Reserve Bank of India to curb domestic gold usage and import of gold has provided hard-nosed traders and importers some more elbow room for speculation.

Alternative options for curbing gold imports

Mentha oil production is likely to rise 23 per cent this year on bumper output estimates of its raw material &ndash; mentha &ndash; an aromatic herb used for medicinal oil extraction.

Mentha oil output to rise 23% this year on bumper mint crop

Global output will decline to 165 million tonnes (mt) in the 2013-14 marketing year that will start in October in most countries, according to DZ Bank AG, Germany&rsquo;s largest cooperative lender. Production will be a record 172.3 mt in 2012-13 after three straight expansions, the US Department of Agriculture (USDA) estimates.

Sugar plunge ending as production declines in Mexico and India 

Oil prices eased on profit-taking in Asian trade today after enjoying healthy gains at the end of last week following encouraging US jobs data, analysts said.

Oil prices slip in Asia on profit-taking

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